EY Climate Change and Sustainability Services has collaborated with the UN Global Compact on the report, entitled “The State of Sustainable Supply Chains” in an effort to better understand how companies are managing their supply chains in ways that support the objectives of the United Nations 2030 Agenda and Sustainable Development Goals. Specifically, EY and UN Global Compact explored how companies are embedding sustainability in their supply chains by managing risks and adopting corporate commitments to human rights, ethics, the environment and the communities from which they source their good and services. More than 100 sustainability, supply chain and procurement specialists from 70 companies globally contributed to the report.
A key conclusion is that leaders are achieving competitive advantage in the supply chain through increased collaboration, technology innovation, greater efficiency and supplier diversity. The value of investing in diverse and inclusive supply chain partners is clear both for sustainability and the bottom line.